Rhode Island HB 8228: AN ACT AUTHORIZING THE CITY OF PAWTUCKET TO ISSUE NOT TO EXCEED $220,000,000 GENERAL OBLIGATION BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS TO FINANCE THE CONSTRUCTION, RENOVATION, IMPROVEMENT, ALTERATION, REPAIR, FURNISHING AND EQUIPPING OF SCHOOLS AND SCHOOL FACILITIES THROUGHOUT THE CITY, SUBJECT TO APPROVAL OF STATE HOUSING AID AT A REIMBURSEMENT RATE OR STATE SHARE RATIO OF NOT LESS THAN 75% FOR EXPENDITURES ELIGIBLE FOR STATE AID AND PROVIDED THAT THE AUTHORIZATION SHALL BE REDUCED BY ANY GRANT RECEIVED FROM THE SCHOOL BUILDING AUTHORITY CAPITAL FUND (Authorizes the city of Pawtucket to issue not more than $220,000,000 general obligation bonds, notes and other evidences of indebtedness.)

Status: 07/05/2018 Effective without Governor's signature (as of 2018-07-05)

State: Rhode Island · Session: 2018 · Bill: HB 8228

Subjects: Bonds, Pawtucket

Sponsors: Barros, Coughlin, Johnston, Messier, Tobon

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